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It is correct. This part of Silver Spring, is a significantly nice now then 7 years ago. The nearby downtown Silver Spring has been revitalized thus driving up nearby prices. Nevertheless, the appreciation has been tremendous.

The rents are probably a more accurate indicator of what the actual sentiment about the new Silver Spring is.

And that sentiment is probably at least a little too optimistic anyway. Although right now, downtown Silver Spring is very nice, I am not sure I would like to make a huge leveraged bet that it is going to stay that way for 30 years, especially with rising and record crime a few miles away in PG County.